In Tokyo trading on the 26th, the Nikkei Average fell for a third straight day, closing at ¥62,189.65. Selling was initially concentrated in AI- and semiconductor-related stocks, sending the index down as much as approximately ¥600 at one point, but dip-buying aimed at an autonomous rebound after the morning decline narrowed the losses.
In Tokyo stock market trading on the 26th, the Nikkei Stock Average closed at ¥62,189.65, down ¥503.51 from the previous day. Selling was initially concentrated in high-priced stocks against a backdrop of lower U.S. stocks and higher crude oil prices at the end of the previous week.
Although the intraday decline widened to approximately ¥600 at one point, dip-buying aimed at an autonomous rebound emerged after the market found support in the morning, and futures buying at times helped the Nikkei Average recoup its losses.
The movements in the U.S. stock market and the rise in crude oil prices were cited as factors behind the market-wide decline, while the performance of AI- and semiconductor-related stocks weighed on the market.
Following this decline, future market trends may be influenced by developments in U.S. equities and the energy market.